
TOKYO -- Nissan Motor, Renault and Mitsubishi Motors are forging a closer relationship by sharing new solid-state batteries to bring down the prices of electric vehicles, the carmakers announced on Thursday.
The plan was unveiled at the "Alliance 2030" virtual conference where the three car manufacturers revealed the latest developments in their partnership. They announced that they would jointly pour 23 billion euros ($25.7 billion) over the next five years to roll out 35 electric car models by 2030 using platforms they plan to develop together.